The bit about unrealized gains tax is misleading. It is understood that, for now, that tax starts when a person is worth 100 million. Of course we all know that the 'tax the rich' never produces enough revenue and that threshold eventually moves down towards us normal people. But today that is not the truth.
#4) This is too stupid to even consider - the proposal is for those with over $100 million in assets but it's still unfair to tax on unrealized gains when they are subject to fluctuation. It's like they don't understand the word unrealized.
Put it here ... I can't wait to read it. I have the Captcha turned OFF but blogger insists it be there. You should be able to bypass it.
** Anonymous, please use a name at the end of your comment. You're all starting to look alike.
*** Moderation has been added due to Spam and a Commenter a little too caustic. I welcome comments, but talk of killing and racist (or even close to racist) are not welcome.
The bit about unrealized gains tax is misleading. It is understood that, for now, that tax starts when a person is worth 100 million. Of course we all know that the 'tax the rich' never produces enough revenue and that threshold eventually moves down towards us normal people. But today that is not the truth.
ReplyDeletevinniejoe, First: it's an example and Second: have I got a bridge for you.
DeleteBobby saw the writing. Fauci needs to the brought to bar.
ReplyDeletePS Been absent, I know, A couple days in the hospital I'll try to be better.
edutcher, hey you stay well. Also, I miss you when you don't come by.
DeleteThanx.
Delete#1) I think I'm going to vomit.
ReplyDelete#4) This is too stupid to even consider - the proposal is for those with over $100 million in assets but it's still unfair to tax on unrealized gains when they are subject to fluctuation. It's like they don't understand the word unrealized.
Edward, gave the dems a majority and watch it stay at $100 Million, LOL! The 29 crash would be nothing compared to what these morons would cause.
Delete